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Cost Management Consulting. Our Value Proposition. Our Firm‘s Team capability. Lead Consultant has a 13+ year career at Caterpillar Inc.’s Asia office as Certified 6 Sigma Master Black (Black Belt) Qualified Lean Black Belt and Champion Strategic Sourcing and Cost Reduction Consultant
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Our Value Proposition Page 2
Our Firm‘s Team capability • Lead Consultant has a 13+ year career at Caterpillar Inc.’s Asia office as • Certified 6 Sigma Master Black (Black Belt) • Qualified Lean Black Belt and Champion • Strategic Sourcing and Cost Reduction Consultant • Consulted for Caterpillar’s Asia office and 30+ Strategic Supply partnersover the last 8 years in Supply Chain total cost optimization initiatives • Industries served are Manufacturing, Automotive, Logistics & Transportation, Heavy Industrials, Energy, etc. • Industry Experts for special assignments on call, to deliver superior value and optimize client costs. Page 3
Cost Reduction - Introduction • Everywhere Production goes, Costs follow behind like a shadow. • Firms have to pay for their inputs and profitable businesses are aware of the fact that every dollar of unnecessary Cost reduces their Profit by same dollar. • Role of Cost goes far beyond influencing level of production. Smart businesses also pay attention to Cost when they are making their operating decisions • Exercise Cost Control through a two-pronged approach • reduction in a specific expenses. • a more efficient use of every rupee spent. Page 4
Cost Reduction – How we define it. • Cost Reduction has been defined as : • “The achievement of real and permanent reductions in the Unit Cost of Produced Goods or Services, rendered without impairing their suitability for the use intended ” • It also means : • saving on the cost of manufacturing , administration, distribution and sale • accepted standards must be constantly challenged for improvement. • products, processes, procedures and personnel are subject to continuous scrutiny to see where and how the same requirements can be achieved with reduced cost. Page 5
Cost Reduction – Various stages Page 6
E-Mail: info@procexcellenz.com, procexcel@gmail.com Phone : +91-44-27665665 / Mobile : +91-9677754111 Procexcellenz is a premier provider of multi-channel Consulting and Training Solutions for seekers of 6 Sigma, Lean, Stategic Sourcing, Cost Management and Strategy Planning services. Page 9